Ask a Planner Archives

Many Canadians are entitled to compensation from a 2020 CRA class action settlement. Here is what you need to...

A reader just wants an assessment of her and her husband’s finances. Turns out that’s the cornerstone of financial...

Cell phone related expenses may be deductible for some taxpayers, even if they were missed in the past.

Incorporating can eliminate the need to pay CPP contributions if you are self-employed but there are trade-offs that should...

Putting an inheritance into a joint account may seem simple, but tax and attribution rules can affect who reports...

The right cash allocation depends on your goals and stage of life. Here's how to think about cash in...

Learn how RDSP withdrawals work, including the 10-year rule, grant repayment requirements, taxes, and mandatory withdrawals after age 60.

The GST quick method can simplify tax reporting for small businesses—but it’s not right for everyone. Here’s who qualifies...

Could moving your RRIF into segregated funds lower estate taxes? Maybe—but higher fees and other trade-offs could leave your...